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HOMEOWNERS INSURANCE

Buyer Beware! All Texas homeowner policies are NOT the same any more. Attention current Travelers HO-A homeowner policy customers. Added coverage for water damage is now available for your policy. Contact us for details. This is a valuable addition to your policy’s named perils. We will explain your coverage and options. Our companies offer all popular Texas and national policy forms. We proudly offer a full array of Texas homeowner policies including the HO-A, HO-A Plus, HO-B, HO-B Con, HO-BT, and HO-C. We also offer the Texas version of national homeowner policies including the HO-2, HO-3, HO-4, HO-5, HO-6, and selected company proprietary forms.

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TYPES OF HOMEOWNER'S INSURANCE

HO-1 Basic Form Policy

The HO1 policy is the most basic of homeowner’s insurance policies. This policy will provide your dwelling, detached structure and personal property with coverage against a number of specific perils. Perils that are covered by this homeowner’s insurance policy include: fire or lightning, vandalism or malicious mischief, windstorms or hail, damage from aircraft or other vehicles, explosions, glass breakage, volcanic eruption, smoke and personal liability.

HO-2 Broad Form Policy

The HO-2 policy consists of coverage for all of the perils listed in the HO-1 policy, as well as a number of additional perils including: fallen objects, snow, frozen or discharged water from plumbing, air conditioning, heating, and damage  from electrical surge.

HO-3 Special Form Policy

This homeowner’s insurance policy is one of the most all-inclusive of all single family home policies. The HO-3 policy, which is most often purchased, includes protection from any peril aside from a few excluded ones. Exclusions can differ depending on the policy and should be researched accordingly.

HO-4 Renter's Insurance Policy

The HO-4 policy covers tenant property within their building, but not the building itself. The HO-4 insurance policy will typically cover the same perils as the HO-2 policy. Like with any policy though, it is important to look into all of the coverages included in your homeowner’s insurance policy.

HO-5 Premier Homeowner Policy

The Premier Homeowner policy is even more comprehensive than the HO-3 Special Form Policy in that your property is covered by all perils other than ones that are excluded from the policy. This gives your property great coverage and the ability to simply see what isn’t covered in your homeowner’s insurance policy.

HO-6 Condominium Insurance Policy

Similar to the HO-4 Renter’s insurance policy, the HO-6 will cover an individual’s property within their condominium unit. Insurance for the actual building should be taken care of by the condominium association policy.

HO-8 Older Home Policy

The Older Home policy is meant for older homes with some historical significance. The coverage included with this policy will be determined on the market value of the house, cost for repairs etc.

While this is a basic explanation of the types of homeowner’s insurance policies available to you, they are all subject to fluctuation and should be researched. It is also highly recommended that you contact a certified professional that can help you through the process of exploring the many homeowner’s insurance policies available to you.

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KNOW YOUR OPTIONS

Insuring your home is an enormous responsibility and researching the homeowners insurance policies available to you can be pretty complex. Nevertheless, when it comes to investing in your safety and the safety of your home, you can always use a helping hand. Having a licensed insurance agent at your side can be just what you need to finding the perfect insurance policy for you.

LEARN WAYS TO SAVE

Having an insurance agent to help you is an invaluable option, particularly when it comes to saving money on your homeowners insurance policy. Not only can an agent help you put together a coverage combination to both suit your budget and protect your property, but they can even help you discover discounts you may not know existed. For instance, simply improving your home security or making your home more disaster resistant could dramatically lower the cost of your homeowners insurance policy. As a homeowner, having a licensed insurance agent to help you is an invaluable resource that you should never be without.

 

GET A PERSONAL EXPERIENCE

Every home and every homeowner is different, so why should you settle for a standard policy that doesn’t exactly fit your needs? By working closely with your trusted insurance agent, you will be able to work out the perfect homeowners insurance policy to protect your property without paying for unnecessary coverages. An insurance agent can also let you know about getting coverage for certain perils and risks to your home that may or may not already be included in your coverage. Arming yourself with a personalized homeowners insurance policy by working with an agent won’t only help you better protect your home, but will also give you a helping hand to rely on in case of disaster.

 

SOMEONE TO HELP IN TIMES OF NEED

The thought of something terrible happening to your home is scary enough, but in the event that something should actually happen, every homeowner deserves to have someone to be there for him/her. Developing a long-lasting, personal relationship is the key to every agent/client relationship and having someone to trust during a disaster is one of the most important parts. For the rest of the time, it’s the peace of mind that makes having a trusted agent at your side the ideal solution for purchasing your homeowners insurance.